What is Rattler Midstream Lp's ROA in the second quarter of 2022?
Rattler Midstream Lp achieved a return on average assets (ROA) of
9.21 % in its second quarter of 2022, this is above RTLR's average return on assets of 6.6%.
Rattler Midstream Lp assets over the 12 months ending in its second quarter of 2022 are valued at $1,907 million
ROA fell compared to the first quarter of 2022, despite the net income growth of 48.48% from the first quarter of 2022.
However, within the
Utilities sector 12 other companies had a higher return on assets. While return on assets, the total ranking has deteriorated compared to the first quarter of 2022 from
846 to
878.
What is ROA?